It was provided by MEXC, a major global cryptocurrency exchange $ 414 million Through it Insurance fund account As of January 23, 2025, it covers the deficit that occurs when the loss of the user during liquidation exceeds the margin that can be used. This impressive person emphasizes commitment to MEXC’s asset security and risk reduction. Combine with Preliminary proofMEXC provides a strong protection for extreme market fluctuations to traders.
How to reduce the risk of traders by MEXC’s insurance fund account
The MEXC INSURANCE FUND account, launched in November 2024, is specially designed to protect traders from extreme market fluctuations. For example, what I experienced during Bullan. A liquidation trigger. If the liquidation price is worse than expected, if a loss exceeding the available margin (a scenario called bankruptcy), the insurance fund intervenes to cover these overdose, and thus promotes a smoother liquidation process. I will do it.
The fund is continuously supplemented by surplus generated from the liquidation order exceeding the expected price, ensuring stability and continuous protection during the volatility.
In accordance with the transparency commitment, MEXC provides users so that they can access both the current and historical insurance funds of various cryptocurrencies on the platform.
In addition, MEXC is provided Preliminary proof To ensure the safety of assets and maintain the transparency of the user. This allows users to be free from concerns regarding the withdrawal and trade with confidence. The preliminary interest rate is Updated every two months。 As of December 1, 2024, the latest interest rates for various cryptocurrencies are as follows:
USDT: 104.52 %
USDC: 116.52 %
BTC: 105.88 %
ETH: 105.65 %
MEXC provides a high leverage with a high leverage with an insurance fund account and a spare fee of more than 100 %, to ensure multiple protection layers to protect the trader position and ensure asset security.
A reliable platform for seamless cryptography
In addition to implementing robust safety measures to ensure a safe trading environment, platforms provide various functions and services designed to strengthen user experience. These features can help traders minimize costs and maximize profits. MEXC We are working to enable investing beyond the widespread assets and secure safe and seamless transactions regardless of market conditions, so that we are working to help traders.
M -Most Trend token: MEXC is known for its prompt token list and popular tokens, which helps users to take new opportunities. up to now, More than 3,000 tokens Listed on the platform.
E -Daily Air Drop: MEXC allows users to easily participate in daily airdrop events and receive substantial rewards without complicated procedures. The platform was completed in 2024 2,293 Air Drop EventDistributed More than $ 136 million With reward.
X -Xtremely Low Price: MEXC offers a very competitive transaction fee, which helps users to reduce costs and maximize the potential of growth.
C -Comprehensive liquidity: The MEXC, which is backed by the powerful fluidity and the depth of the market, guarantees the efficient and seamless execution of all transactions, minimizing slippage under volatile conditions.
These functions helped MEXC attract 30 million users in 170 or more countriesEstablish as a platform selected by more traders around the world.
Please see the details of MEXC Insurance Fund Account。
About MEXC
MEXC, established in 2018, is working to become the “easiest way to encrypted”. MEXC, which provides services to more than 30 million users in more than 170 countries, is known for a wide range of trend tokens, frequent airdrop opportunities, and low trade rates. Our user -friendly platforms are designed to support both new traders and experienced investors, providing safe and efficient access to digital assets. MEXC gives priority to simplicity and innovation, making it easier to access encrypted trading.
MEXC official website｜ x ｜ telegram ｜How to sign up to MEXC
Disclaimer risk:
The information provided in this article about cryptocurrency does not indicate MEXC’s official stance or investment advice. Given the very unstable properties of the cryptocurrency market, investors recommend that you carefully evaluate market fluctuations, basics of projects, and potential financial risks before making a transaction decision. 。
